Chemical Updates

Asian orthoxylene: Tight supply, firm buying supports market / Sinopec raises listed price by 150 yuan/mt / China’s OX exports fall 34.4% MOM in July

Aug 29, 2026

Asian orthoxylene extended the gains on week to Aug. 28, with growing buying interest heard in the market amid low inventory. FOB/CFR China OX $15/mt higher on week at $1,205/mt Aug. 28. China’s Sinopec raised its listed orthoxylene price by 150 yuan/mt to 8,750 yuan/mt on Aug. 24, a company source told Aug. 25. This was the second upward adjustment after the company announced the new listed price at 8,600 yuan/mt on Aug. 17. Low production rates in China continue to lend pricing support to the Asian OX market, while the source said supply recovery is likely to be delayed from the previous expectation. Several Chinese sources noted that spot availability remains limited from China, for September-loading materials, but also expected supply to recover from October. The OX operating rates...

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